SAIVE

SAIVE is a Mexico-based insurtech company founded in 2017 that provides mobile telematics technology for usage-based insurance products. The company operates a smartphone application that analyzes driving behavior in real-time to calculate a Driver Score for users. The app measures key metrics including acceleration, hard braking, speed, sharp turning, distance driven, late-night driving, phone usage while driving, and distracted driving behaviors. SAIVE partners with insurance companies, original equipment manufacturers, and other stakeholders to design and deploy affordable mobile usage-based insurance products including pay-as-you-drive, pay-how-you-drive, and hybrid models primarily targeting Hispanic markets across the Americas region. The platform allows drivers to improve their driving habits through the Driver Assistant feature, which provides personalized feedback and coaching after trips. Users who demonstrate safe driving behaviors can earn rewards such as insurance discounts, cashback, and gift cards after completing at least 100 miles. The company has been accelerated by the Google Advantage Program in 2018 and Puente Labs in Silicon Valley in 2019. SAIVE has received investment from Chubb, FJD Ventures, Marsh, and ID345. The company has established notable partnerships, including serving as the telematics provider for U.S.-based insurtech Sigo to launch the first Spanish-language safe driving app in the United States. Co-founded by Moisés Maislin and Salvador Rochin, SAIVE positions itself as the first telematics company offering cashback models in Latin America and aims to predict car accidents in real-time to reduce road fatalities across the region.